(Preliminary Results Announcement) PDF 0.71MB - Cairn Energy PLC

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the Norwegian North Sea in the APA (Awards in Predefined Areas) licence round.January 2013 <strong>Cairn</strong> farmed-in (30%) to the P1763 Aragon prospect in the UK North Sea.In<strong>Cairn</strong> currently holds interests in a total of 36 North Sea licences and has an activeexploration and appraisal programme planned for 2013, targeting potential net meanresources of 26mmboe (risked) and 62mmboe (un-risked).10
Group Booked 2P ReservesThe Group’s proven plus probable (2P) reserves as at 31 December 2012 on a net workinginterest basis have increased to 16.0mmboe primarily due to interests in the Marineroffshore field (15.9mmboe) and one further onshore field (0.1mmboe) due to the acquisitionof Nautical Petroleum.It is expected that further reserves additions will be made during 2013 as the Catcher andKraken fields achieve FDP approval.11
Page 1: EMBARGOED FOR RELEASE AT 0700 19 Ma
Page 4 and 5: Atlantic MarginMoroccoWe operate tw
Page 6 and 7: PeopleWe would like to recognise an
Page 8 and 9: Cairn initiated its Environmental I
Page 12 and 13: Financial ReviewThe successful comp
Page 14 and 15: Group capital expenditure for the y
Page 16 and 17: Cairn Energy PLCGroup Income Statem
Page 18 and 19: Cairn Energy PLCGroup Balance Sheet
Page 20: Cairn Energy PLCGroup Statement of
Page 23 and 24: 2. 1 Corporate Acquisitions (contin
Page 25 and 26: 2.2 Intangible Exploration/Appraisa
Page 27 and 28: 4 Assets and Investments: Intangibl
Page 29 and 30: 5.1 Segmental Analysis (continued)T
Page 31 and 32: 5.2 Finance Income2012 2011$m $mBan
Page 33 and 34: 5.4 Taxation on Loss (continued)The
Page 35 and 36: 5.5 Earnings per Ordinary ShareBasi
Page 37 and 38: GlossaryThe following are the main
Page 39: ‣ Cairn’s approach to sustainab

(Preliminary Results Announcement) PDF 0.71MB - Cairn Energy PLC

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